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Miller Company's contribution format income statement for the most recent month is shown below: Total Per Unit Sales (36,000 units) Variable expenses Contribution margin
Miller Company's contribution format income statement for the most recent month is shown below: Total Per Unit Sales (36,000 units) Variable expenses Contribution margin Fixed expenses $ 180,000 $ 5.00 72,000 108,000 2.00 $ 3.00 49,000 Net operating income $ 59,000 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 13%? 2. What is the revised net operating income if the selling price decreases by $1.30 per unit and the number of units sold increases by 20%? 3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 5% ? 4. What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 40 cents per unit, and the number of units sold decreases by 15% ? 1. Net operating income 2. Net operating income 3. Net operating income innama 12
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